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Assignment on Logistic Management

   

Added on  2020-05-16

14 Pages3355 Words65 Views
Running head: LOGISTTICS MANAGEMENTLogistics managementName of the studentName of the universityAuthor Note:

2LOGISTICS MANAGEMENTTable of ContentsIntroduction......................................................................................................................................3Overview..........................................................................................................................................4Problems/Issues...............................................................................................................................4Proposals to Avoid Problems...........................................................................................................9Conclusion.....................................................................................................................................10Recommendations..........................................................................................................................11References......................................................................................................................................12

3LOGISTICS MANAGEMENTIntroductionLogistics Management can be best defined as the supply chain component that is used tomeet the different demands through proper planning, control and implementation measures.However the most important component of logistics management is the efficient movement aswell as storage of the different information and goods from the source of its origin to the enddestination. The following process involves inbound and outbound transportation management,warehousing, management of the fleet, meeting all the orders timely, creation of a logisticsnetwork, inventory management, demand and supply planning and many more as such. Logisticsmanagement is believed to be the part of all levels of planning and execution namely strategic,operational and tactical.Logistics Management systems capitalize on making considerable changes in the freightmanagement, load building and optimization, mode and selection of the carrier, audits andratings on the good and many other such systems (Cattaruzza et al. 2017). The logisticsmanagement companies use a specific set of logistics software that is built on the lines of theERP system to effectively manage the different activities of the total process. The use of thisparticular software helps the organization to gain a strategic competitive advantage in the market.The goal of the following report is to identify the main issues that are faced by theLogistics companies of New South Wales in Australia. The example of a large Logistic companynamed Qube Holdings Private Limited has been considered by the researcher to make the reportmore specific and precise in nature.

4LOGISTICS MANAGEMENTOverviewQube Holdings Limited is a large scale logistics and infrastructural company based inNew South Wales, Australia and has its headquarters in Sydney, the capital of New South WalesState (Qube.com.au 2018). The company was founded in the year 2010 after the originalinvestment party KFM segregated the Logistics and Infrastructural business. With an annualequity of Australian dollar 1.4 billion and the large scale of operations in its native country, theorganization turns out to be the largest company in Australia. The company owns a number offreight handling and stevedoring facilities in almost all the large ports of the island country.The mentioned logistics company operates both rail and road services. The rail freightservices are carried out between New South Wales and Victoria and also between Melbourne andAdelaide. Similar to the port handling subsidiaries the company has also dedicated subsidiariesin rail transportation. The ports and bulk division of the organization undertakes a number ofdifferent operations like stockpiling and the loading of the iron ore for export to other countries.Port Kembla in the southern Australian coast is used for the packing and unpacking of the heavygoods especially vehicles for export or import. Apart from building its own infrastructuralcapabilities the company with its own capital and other assets has build up a number of differentwarehouses on highways and other strategic locations to ensure the ease of logistics in the area ofits operations. In the present day Qube occupies the topmost position in the market in Logisticsbusiness.Problems/IssuesQube as well as other logistic companies in Australia undergo lots of challenges whichare most of the times disturbing and lead to problems for the smooth flow of the business

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